Strategic thinking and operation
rationalization can be supported by a host of new tools that the
Economics Web Institute is developing.
In particular, the
industrial dynamics in markets where product
differentiation is generated by successive waves of innovation
and imitation can be simulated
with an original software package
of us. In its free basic version, it allows for management training,
whereas it can be adapted to the situations in your own market.
An agreement in this direction has aready been granted to Hangzhou
University (China).
Cost management is a subject where the Institute provides managers
with introductury argumentation
and software. Similarly, inventory
management and demand forecast for durable and non-durable goods
can be trained through these papers
and software.
More in general, agent-based simulation
of heterogeneous consumer and
customer segments is an innovative technique that the Economics
Web Institute is originally developing to understand consumer
behaviour.
We would be glad to listen from your experience and find out tools
that may be useful to you.
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